Latest News:
news, comment, analysis and data on the global business of credit trading and investing
You are here:
Home
» Newsletter
Creditflux Newsletter
Comment
Don’t quote me
Tuesday, June 30, 2009
“We’ve had $25 billion of drive-by high yield bonds. It’s like taking body blows as the high quality credits are ripped from your portfolio.”
A loan manager grieves over good credits lost to bond crimes
Related stories
- Garrison refinances 2010 CLO into a new deal 20 hours ago
- Buy-side distressed debt specialist jumps to rival hedge fund 21 hours ago
- Award winning CLO manager markets a new CLO 21 hours ago
- Growing pipeline gives investors more pricing leverage, says RBS 21 hours ago
- Spanish CDS tightens despite bond yield rise 21 hours ago
- JP Morgan CIO desk was short the "widow maker", WSJ reports 5 days ago
- Loan trading head exits role with dealer 6 days ago
- US mortgage lender Rescap files for bankruptcy 7 days ago
- New York City makes credit fund allocations, reports Pensions & Investments 8 days ago
- US high yield corporate credit quality improved in 2011, says Fitch 18 days ago
CFlux secondary
CLO index levels:
| Index | 21 May |
|
| CFlux USD AAA | ↑ | 96.2 |
| CFlux USD AA | ↑ |
88.3 |
| CFlux USD A | ↓ | 84.1 |
| CFlux USD BBB | ↓ | 75.3 |
| CFlux USD BB | ↓ |
74.1 |
| CFlux USD EQ | ↑ | 77.5 |
